Tokenomics
FUNC is the utility token powering the Function Network, facilitating staking, rewards, and governance in a decentralized AI ecosystem.
🔗 FUNC Token Utility
🔒 Staking – Providers and gateways must stake FUNC tokens to participate in the network.
🎁 Rewards – Staked participants earn FUNC based on their contribution to AI inference.
⚖️ Governance – Future governance proposals and treasury management may be FUNC-holder driven.
💰 Earning FUNC
🔹 Compute providers & gateways earn FUNC by contributing compute power during each epoch. 🔹 Rewards are proportional to the share of total shards (work units) contributed.
Example Calculation:
Total epoch reward pool: 10,000 FUNC
Your contribution: 10% of total shards
Your earnings: 🎯 1,000 FUNC
📈 Economic Design
🔗 Fixed Supply & Scarcity
FUNC has a fixed supply of 1,000,000,000 tokens, ensuring long-term value retention.
No inflationary mechanisms. FUNC’s utility is driven by demand and network participation.
🏦 Treasury & Network Growth
The treasury is allocated for ecosystem development, community initiatives, and staking rewards.
Governance mechanisms will allow FUNC holders to propose and vote on treasury allocation.
FUNC fuels a decentralized, scalable AI network, ensuring fair rewards, governance, and long-term sustainability. 🚀
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